Bangladesh Offers Special Economic Zone for Saudi Investors

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Saudi Arabia

Bangladesh Offers Special Economic Zone for Saudi Investors

The Bangladeshi prime minister’s private industry and investment adviser, Salman Fadel Rahman, revealed on Sunday that his country is prepared to set up a special economic zone exclusively for Saudi investors with the necessary facilities.

Rahman stressed his country’s hopes to facilitate and enhance bilateral trade with Saudi Arabia when discussions are underway between the two countries on an agreement to avoid double taxation and customs cooperation.

According to Rahman, the current bilateral trade volume between Bangladesh and Saudi Arabia, which stands at $1.3 billion, does not reflect the actual size of trade and investment opportunities available to the two countries.

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